other material
confidence high
sentiment neutral
materiality 0.55
CorMedix dismisses CBIZ CPAs, appoints EY as auditor; cites material weakness in internal controls
CorMedix Inc.
- Audit Committee dismissed CBIZ CPAs on June 25, 2026, and appointed Ernst & Young as new independent auditor for FY 2026.
- CBIZ CPAs' report on FY 2025 financials was unqualified; no disagreements on accounting principles.
- A material weakness in internal control over financial reporting was identified (operational effectiveness of review of non-routine transactions).
- The material weakness was previously reported in the 2025 10-K filed March 5, 2026.
- CBIZ CPAs provided a letter dated July 1, 2026, agreeing with the statements in this 8-K.